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Variable Output TVC TC AFC AVC ATC Marginal Cost 600 NO 1000 W 1350 1780 UT 2500 3600 5600 Use the above table and assume

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Variable Output TVC TC AFC AVC ATC Marginal Cost 600 NO 1000 W 1350 1780 UT 2500 3600 5600 Use the above table and assume fixed costs of $1000 and selling price of $700 1 if an economist wants to max profit or minimize loss, how much is output given the above data? 0 1 0 2 0 4

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